Welcome to our dedicated page for Paycom Software news (Ticker: PAYC), a resource for investors and traders seeking the latest updates and insights on Paycom Software stock.
Paycom Software, Inc. (NYSE:PAYC) is a leading provider of cloud-based human capital management (HCM) technology, revolutionizing payroll and HR processes for businesses across the United States. Founded in 1998, Paycom has been at the forefront of online payroll innovation, offering comprehensive software-as-a-service (SaaS) solutions that liberate companies from traditional software constraints.
Headquartered in Oklahoma City, Paycom serves approximately 19,500 clients with employee counts ranging from 50 to 10,000. The company's core offering includes a robust payroll processing system seamlessly integrated with a wide array of HCM tools. These tools encompass time and attendance tracking, talent acquisition, HR management, and talent management, all within a single, easy-to-use online application.
Paycom's technology is designed to streamline and simplify complex HR tasks, improving efficiency and accuracy for businesses of all sizes. The company's growth trajectory has been impressive, fueled by its commitment to providing cutting-edge technology and superior customer service. With 36 sales teams spread across the country, Paycom has a significant presence in all 50 states, enabling it to cater to diverse business needs.
Recent achievements include the launch of new features and enhancements that further integrate and automate HR processes. Paycom is well-positioned for continued growth, thanks to its focus on innovation and customer satisfaction. The company's financial performance has been strong, reflecting its ability to attract and retain a growing client base.
In addition to its core business, Paycom actively forms strategic partnerships and collaborations to expand its offerings and market reach. These partnerships enable Paycom to stay ahead in a competitive landscape and continually deliver value to its customers.
Overall, Paycom Software, Inc. stands as a beacon of innovation in the HCM industry, helping businesses navigate the complexities of payroll and HR management with ease and efficiency.
The Oklahoma Sports Hall of Fame and Jim Thorpe Association have unveiled the 2024 Paycom Jim Thorpe Award Preseason Watch List, featuring 42 top defensive backs from nine conferences and one independent university. The list, compiled by a screening committee, is based on previous NCAA Division I performance and preseason All-America lists. Notable players include Billy Bowman Jr. (Oklahoma), Caleb Downs (Ohio State), and Travis Hunter (Colorado).
The Paycom Jim Thorpe Award, established in 1986, honors the best defensive back in college football. Key dates include semifinalist announcement on October 29, finalists on November 26, and the winner reveal on December 12 during The Home Depot College Football Awards. The 2023 winner, Trey Taylor from Air Force, was drafted by the Las Vegas Raiders in the 2024 NFL Draft.
Paycom Software, Inc. (NYSE: PAYC), a leading provider of cloud-based human capital management software, has announced a quarterly cash dividend of $0.375 per share of common stock. The dividend will be paid on September 9, 2024, to stockholders of record as of the close of business on August 26, 2024. This announcement demonstrates Paycom's commitment to returning value to its shareholders and reflects the company's financial stability and confidence in its business model.
Paycom Software, Inc. (NYSE: PAYC) has appointed Archana Vemulapalli to its board of directors, effective July 30, 2024. Vemulapalli brings over 23 years of technology leadership experience, currently serving as corporate vice president of Global Commercial Sales and leading Global System Integrator alliances at AMD. Her previous roles include management positions at Amazon Web Services and IBM, as well as serving as chief technology officer for the Washington, D.C. government.
Paycom's founder and CEO, Chad Richison, highlighted Vemulapalli's unique skill set, which is expected to help the company leverage up-market opportunities and drive solution automation for clients. Vemulapalli expressed excitement about joining the high-growth company and contributing to its innovative technology initiatives.
BetterInvesting Magazine's Editorial Advisory and Securities Review Committee has announced Paycom Software Inc. (NYSE: PAYC) as its 'Stock to Study' and Lamb Weston Holdings Inc. (NYSE: LW) as its 'Undervalued Stock' for the October 2024 issue. The committee, comprised of certified financial analysts, aims to provide investors with informational and educational resources for stock selection and analysis.
The announcement comes amid record-breaking market highs, with BetterInvesting CEO Ken Zendel emphasizing the importance of evaluating individual company fundamentals and reviewing portfolio risk. Investors can access more details about these stocks in the October 2024 issue of BetterInvesting Magazine, with non-members able to use a trial version of BetterInvesting's online tools to study the investment potential of both companies.
Paycom, a leading provider of cloud-based human capital management software, has been named among America’s Best Mid-Size Companies for 2024 by TIME. Paycom was acknowledged for its innovation, employee benefits, and corporate social responsibility. The recognition considers companies operating in the U.S. with $100 million to $10 billion in revenue in 2022 or 2023. The evaluation was based on employee satisfaction, revenue growth, and sustainability transparency. Paycom’s commitment to a supportive work environment, community engagement, and environmental sustainability were key factors in its selection. This honor comes after Paycom received accolades for Best Company for Career Growth and Best Leadership Teams by Comparably.
Paycom Software, a leading provider of cloud-based human capital management (HCM) software, will announce its Q2 2024 financial results on July 31, 2024, after market close. The company will also host a conference call to discuss the results at 5 p.m. Eastern Time on the same day. Investors can access the call via dial-in numbers or webcast, with replays available until August 7, 2024.
Paycom Software, a leading provider of cloud-based human capital management software, has been recognized by Comparably in the categories of Best Career Growth and Best Leadership Teams. This is the third consecutive year Paycom has earned the Best Career Growth award. The acknowledgments are based on anonymous employee feedback collected over a 12-month period, emphasizing career advancement, mentorship, and leadership quality. Paycom's CEO, Chad Richison, attributes these recognitions to the company's focus on service, automation, and ROI for clients. Earlier this year, Paycom also received accolades for Best Sales Teams and Best Company Outlook, reinforcing its strong workplace culture and leadership. Paycom continues to expand, valuing diversity and offering numerous employee benefits, including affordable healthcare, fitness center access, and catered lunches.
Paycom Software (NYSE: PAYC), a top provider of cloud-based human capital management software, received two awards at the 11th Annual Globee Awards for Customer Excellence. The accolades were for their innovative Time-Off Requests tool, GONE, and their client setup and service teams. GONE, launched in late 2023, enhances automation in time-off management, integrating it seamlessly into scheduling, payroll, and attendance systems. Additionally, Paycom received a 2024 Excellence in Customer Service Award from Business Intelligence Group. This recognition underscores Paycom's commitment to exceptional client service and solution automation.
Paycom Software (NYSE: PAYC) announced significant leadership promotions. Randy Peck, a 20-year company veteran, has been named Chief Operating Officer. Jennifer Kraszewski, who joined in 2018, has been promoted to Chief Human Resources Officer. Matt Paque, previously general counsel, is now Chief Legal Officer. These leaders bring extensive experience and are expected to drive continued growth and innovation. Peck has more than 34 years in payroll and human capital management, Kraszewski has over 25 years in HR leadership, and Paque has over 20 years as an attorney. The promotions aim to enhance Paycom's workplace culture and client service.
Paycom Software, a major provider of cloud-based human capital management software, has announced its participation in the Baird Global Consumer, Technology & Services Conference. The event will take place on June 4 at 2:00 p.m. Eastern in New York City. A live webcast of the presentation will be accessible at investors.paycom.com under the 'Events' tab.
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